Tesla, Elon Musk
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Initially, when electric-car maker Tesla ( TSLA 3.45%) released its fourth-quarter results, the stock popped. But shortly after the market opened on Thursday, the stock's return for the day turned negative. This has added to the stock's weakness in recent weeks. As of this writing, the stock is down more than 11% over the past month.
Tesla CEO Elon Musk said Wednesday that the company will discontinue production of the Model S and Model X, reducing the lineup to essentially three vehicles. So, what's next?
Jan 30 (Reuters) - Shares of Tesla jumped nearly 5% on Friday after reports that SpaceX was in deal talks with Elon Musk's other companies stoked investor hopes that the billionaire's tech empire could be unified further.
Tesla's earnings report comes weeks after Elon Musk's automaker reported another decline in vehicle deliveries.
SpaceX is considering a potential merger with Tesla Inc., as well as an alternative combination with artificial intelligence firm xAI, according to people familiar with the matter, a sign billionaire Elon Musk is weighing how to consolidate his empire.
Elon Musk fans and the man himself have long mused about Musk Inc, a merger of companies owned by the world's richest man. But with SpaceX expected to go public later this year, and Tesla facing a challenging transition from human-driven EVs to robotaxis and robots,
It turns out investors are willing to forgive huge capital spending if a company's core business is thriving.
The company announced it was ending production of its higher-end Model S and Model Y, and turning that production space over to making humanoid robots.
Tesla shares aren't cheap, but the stock is worth a look by investors aiming to potentially compound $500.
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FSLR stock slumps 13% on BMO downgrade – what is the Tesla angle?
Tesla’s potential expansion into solar modules could create a lasting overhang on First Solar shares and pressure investor sentiment, BMO stated. Shares of First Solar (FSLR) tanked more than 12% on Thursday after BMO Capital downgraded the stock and slashed its target price,